|
Ashok Leyland (Emkay) Focus on lead indicators, Maintain Accumulate |
|
ALL is like any other cyclical stock;For ALL dividend yield is a strong lead indicator of stock performance;Consistent DPS is the most important reason | Date | Rating | Target Price | Recommendation Price | Broker house | | 25 Jul 2011 | accumulate | 57 | 52 | Emkay Report | |
|
Ashok Leyland (Goldman Sachs) Below expectations on higher fixed costs; retain Buy on valuation |
| Date | Rating | Target Price | Recommendation Price | Broker house | | 21 Jul 2011 | buy | 58 (from 64) | 49 | Goldman Sachs Report | |
|
Ashok Leyland (Emkay) Mixed Bag, Maintain Accumulate |
|
Net Sales – In line with our est;EBITDA at Rs 2.4bn in line with est. | Date | Rating | Target Price | Recommendation Price | Broker house | | 20 Jul 2011 | accumulate | 57 | 50 | Emkay Report | |
|
Ashok Leyland (Angel) In-line operating performance; high interest and depreciation costs impact profitability |
| Date | Rating | Target Price | Recommendation Price | Broker house | | 20 Jul 2011 | buy | 62 | 50 | Angel Report | |
|
Ashok Leyland (Deutsche Bank) update.2011.Jul.19 |
| Date | Rating | Target Price | Recommendation Price | Broker house | | 19 Jul 2011 | hold | 55 (from 60) | -- | Deutsche Bank Report | |
|
Ashok Leyland (India Infoline) Conviction Sell Ideas |
|
CV demand growth to be muted; ALL losing market share; OPM to be under pressure due to increasing raw material prices and marketing costs | Date | Rating | Target Price | Recommendation Price | Broker house | | 11 Jul 2011 | sell | 45 | 53 | India Infoline Report | |
|
ashok leyland (Angel) Strong volumes support top-line growth; OPM surprises on the upside |
|
ashok leyland (Citi) 4Q Caps a Solid FY11; Outlook Uncertain Given Macro Headwinds |
|
Recurring PAT at Rs2.98bn was 3% above our estimates; Market share rebound a positive; Maintain Sell. Revise TP to Rs.52 from Rs.72
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 23 May 2011 |
sell |
52 (From 72) |
51 |
Citi Report |
Yahoo Link+NSE Link+Reuters Link+Reuters India Link+Google Link+DSR Search
Reports.DesiStockResearch.com |
|
ashok leyland (Emkay) All round Performance, Maintain Accumulate |
Net Sales - ~7% above est
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 20 May 2011 |
accumulate |
63 |
51 |
Emkay Report |
Yahoo Link+NSE Link+Reuters Link+Reuters India Link+Google Link+DSR Search
Reports.DesiStockResearch.com |
|
ashok leyland (DeutscheBank) 4QFY11: Results above expectation but maintain Hold |
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 20 May 2011 |
hold |
60 |
48 |
DeutscheBank Report |
Yahoo Link+NSE Link+Reuters Link+Reuters India Link+Google Link+DSR Search
Reports.DesiStockResearch.com |
